FASB Statement No. 131 (Graded A+) - use as a guide only - 35829

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Selected company is General Motors 

  • Select a company of your choice, and review a Form 10-K filed with the SEC. Communicate with your group to ensure that each group member reviews a different company.
  • Prepare a paper of 1300 words on the following: 
    • What type of segment reporting is required of annual financial statements, as defined by FASB Statement No. 131?
    • Compare these requirements to the financial information and disclosures included in Form 10-K of the company you selected.
    • Are they adequate? Why or why not?
    • Analyze the strengths and weaknesses of the Form 10-K information and disclosures in terms of whether they provide relevant and reliable information to investors.
    • Note any areas for improvement you may see.
Solution Description


Selected company is General Motors (2).docx
Selected compan...